Gretchen Morgenson of the New York Times spoke with Bloomberg Television about the Goldman Sachs SEC charges. She had quite a bit to say about where the story is headed next and what it is going to take to take down Goldman.
- 0:40 The SEC is definitely looking at other firms, and they’re going to do something about it
- 1:40 There are likely other transactions like this, and the big question is whether or not this is a material fact, that Paulson was short, which should have been disclosed to buyers
- 2:40 Were these assets picked to fail? That selection is at the centre of things
- 3:05 Barbara Jones, a judge in this case, handled the WorldCom case with great ability
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